GFL(US:GFL) Prnewswire·2026-02-11 21:08Core Insights - GFL Environmental reported strong financial results for Q4 and full year 2025, with a net leverage of 3.4x, the lowest in the company's history, and a significant share repurchase program totaling $3.0 billion, representing over 10% of outstanding shares [1][2] - The company achieved a full year revenue of $6,615.9 million, marking a 9.5% increase, and an Adjusted EBITDA of $1,985.0 million, up 12.8% from the previous year [1][2] - For 2026, GFL anticipates revenue of approximately $7,000 million, an increase of 8%, and an estimated Adjusted Free Cash Flow of around $835 million, reflecting a 14% growth [1][2] Financial Performance - Q4 2025 Adjusted Free Cash Flow was $424.6 million, compared to $281.4 million in Q4 2024, while net income from continuing operations was $72.7 million, a turnaround from a net loss of $211.4 million in Q4 2024 [1][2] - The full year Adjusted EBITDA margin reached 30.0%, a 130 basis points increase from the prior year, with Q4 margin at 30.2%, the highest for that quarter in the company's history [1][2] - The company repurchased 43,741,452 subordinate voting shares during the year and plans to continue share repurchases opportunistically [1][2] Guidance for 2026 - GFL's guidance for 2026 includes an estimated Adjusted EBITDA of approximately $2,140 million, representing a 10% increase, and an Adjusted EBITDA margin expected to be around 30.6%, an increase of 60 basis points [1][2] - Revenue growth is projected to be impacted by foreign exchange fluctuations, with a negative impact of approximately 2.1%, while core pricing is expected to be in the mid-5% range [1][2] - The guidance excludes contributions from any incremental mergers and acquisitions, focusing on organic growth and operational efficiencies [1][2]